AFSL and ACL Compliance Workshop | Driving success into 2023

Joining fee: $ 1650

Event Location: Piper Alderman, Sydney NSW, Australia

Event date: 25 May 2023

Time: 10:00 am - 5:30 pm

Timezone: UTC +10 AEST


Andrea Beatty, Partner in Piper Alderman’s financial services regulatory team offers a workshop for the financial services industry on:

  • achieving compliance with ACL and AFSL obligations;
  • revitalised and refreshed financial executives safety skills;
  • regulatory tips for a post COVID-19 world; and
  • the things Responsible Managers and Representatives and those responsible for their Representatives need to know.

This training workshop is a practical guide to ACL and AFSL licensing obligations, with current case studies to keep your business informed and up to date on changes in the industry.

This session is suitable for:

  • Financial industry firms
  • ACL and AFSL responsible managers – mandatory CPD
  • ACL credit representatives and AFSL authorised representatives
  • Legal and compliance personnel
  • Operations and marketing personnel
  • Mortgage and finance brokers
  • Financial planners and advisers
  • Credit providers
  • FinTech and regtech developers / promoters

To register for this workshop, please click ‘Register To Attend‘.

Programme Outline

10:00 – 10:10 amIntroduction and welcome

Session 1 – AFSL & ACL key obligations
  • Your licence conditions
  • Responsible Managers – role, liabilities and protections
  • Conflicts of interest
  • Financial advice
  • Civil Penalty Provisions
  • Enforceable Paragraphs in ASIC Regulatory Guide
  • Quick tips for AFSL & ACL Responsible Managers
Session 2 – Successfully leaping 2023 traps
  • Breach reporting updated and scaled up – strict obligations increased penalties and remediation
  • ASIC enforcement activities
  • ASIC’s product intervention powers
  • Design and Distribution Obligations and Target Market Determinations
  • Unfair Contract Terms (UCT) Regime – penalties!
  • UCT review checklist project

1:00 – 1:30 pmLunch

Session 3 – Financial Services spotlight
  • Responsible lending
  • Mortgage broker best interests duty and conflicted remuneration
  • Buy-now-pay-later vs Credit
  • Cryptocurrency and Blockchain update
  • Review of the Australian Payments System
Session 4 – AFSL and ACL industry updates
  • Cybersecurity and data breach reporting
  • AML / CTF
  • AUSTRAC enforcement activities
  • Advertising and marketing
  • AFCA and IDR update
  • AFCA issues – AFCA’s review and recent cases
  • Consumer Data Right and Open Banking
  • Greenwashing

4:45 – 5:15 pmConclusion and questions

Responsible Managers can claim 7 CPD units and 9 CPD units if they complete an optional take-home multiple choice open book quiz.

Certificates of attendance will be given to all participants.

About Presenter

Andrea Beatty



Piper Alderman

+61 2 9253 3818

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